As long as you don’t mind people dying, it’s easy!
Look, I’m on Medicare for dialysis, not by choice — I had perfectly good private insurance through COBRA and they reduced coverage to 20% after 30 months due to federal regulations. Medicine would be vastly better without government. That said, in the WaPo tool, you can pay Medicare and Medicaid and still be under the amount incoming in “revenue.”
There is no way, though, that you can keep borrowing at that level to pay your bills. Therefore, eventually you’ll not have the money to keep those people from dying.
If I make 60 grand and spend 100 each year, after 10 years I have a 400 thousand dollar debt that will be costing me some 48 thousand a year in payments. That then leaves me 12 thousand and borrowing 88 thousand and the next year I have no money of my own and borrow a 100 grand, and that year I can pay NOTHING back.
Will the bank let me continue this way?
Will my children end up hungry?
A cut is when you spend less next year than you spent this year.
The MSM has gone into a frenzy these passed 2 weeks of reporting on those people starving in Africa, is this some kind of diversion tactic ?